The new production by 400 new jobs plan "Mangazeya" in the Trans-Baikal Territory Factory on Nasedkin deposit (Chita region) with a capacity of 1 million tons of ore a year designing the gold division of the "Mangazeya" Sergei Yanchukova This should be the message of the company. Earlier it was planned that the capacity of the plant will amount to 500 thousand. Tonnes of ore per year (which corresponds to the production of 1.5-1.7 tons of gold) at a capex 10-40 mln. Dollars. "In the light of market conditions" "Mangazeya "decided to consider a more ambitious project, the company said. in addition, the company received the flanks Nasedkin. The cost of a license for exploration and mining of ore gold, silver, copper ore and associated minerals in the subsoil deposits Nasedkin flanks (Malouryumskoe) amounted to 68.365 million rubles for the starting payment 62.15 million rubles. "Field on the flanks Nasedkin acquisition license will allow us in the near future to increase the resource base of the enterprise and provide a sufficient amount of raw projected plant capacity of 1 million tons of ore per year. As a result of the project Nasedkin significantly increase the tax base in the region, and will create about 400 new jobs, "- said the head of the Group" Mangazeya "S.Yanchukov (his words are reported). As of January 1, 2015 approved the following GKZ protocol reserves on the flanks Nasedkin (desired station): category C2 - 1.528 million tons of ore and 7,822 tons of gold containing 5,119 g / t. On a number of other areas with varying degrees of detail previously conducted search operations and estimated inferred resources of P1 category, totaling 11.8 million tonnes of ore, ie 22.5 tons of gold (average gold content in the ore - 1.91 g / t). Company Mangazeya Mining on the results of 2015 produced 33.9 thous. ounces of gold. 2015 level for 2016 Plan set the year. Mangazeya Mining (formerly White Tiger Gold) and its "daughters" owns several licenses for gold deposits in the Trans-Baikal region. The Group "Mangazeya" companies - vertically integrated Russian-private shareholder structure, which main directions of activity They are gas production, gold mining and construction.

This seems to tie in with a new license in the area. Another russian translation:

GOLD MINING GROUP "MANGAZEYA" DIVISION ACQUIRED ANOTHER LICENSE FOR THE EXPLORATION AND PRODUCTION OF GOLD IN THE TRANS-BAIKAL REGION

Date of publication: 03/22/2016

The results of the public auction of the Federal Agency for Subsoil Use, which was held March 17, 2016."Mangazeya" Group obtained the right to use subsoil for geological study, exploration and production of gold, silver of the root (ore) deposits of copper ore and associated components in the subsoil deposits Nasedkin flanks (Malouryumskoe) in Mogochinsky District Trans-Baikal Territory. The cost of the lot amounted to 68.365 million rubles for the starting payment RUR 62,150,000.

As of January 1, 2015, following a protocol approved by GKZ reserves on the flanks Nasedkin (desired station): category C2 - 1528 thousand tons of ore and 7,822 kg gold with the content of 5,119 g / t.. On a number of other areas with varying degrees of detail previously conducted search operations and estimated inferred resources of P1 category, totaling 11.8 million tonnes of ore / 22.5 tonnes of gold (average Au content in the ore - 1.91 g / t).

"The acquisition of the license for the deposit flanks Nasedkin will allow us in the near future to increase the resource base of the enterprise and provide a sufficient amount of raw projected plant capacity of 1 mln. Tons of ore per year. As a result of the project Nasedkin significantly increase the tax base in the region, and will create about 400 new jobs, "- said the head of the Group" Mangazeya "Sergei Yanchukov.